YATES FIELD UNIT
YATES FIELD UNIT is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Marathon Oil Company. It has 1,729 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 322,102,211 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.5B, with roughly $323.7M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 398,970 barrels a month, about 231 per wellbore. Its strongest month on the record we hold was May 2016, at 581,912 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about YATES FIELD UNIT
- Who operates YATES FIELD UNIT?
- YATES FIELD UNIT is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is YATES FIELD UNIT?
- YATES FIELD UNIT is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24061.
- Is YATES FIELD UNIT still producing?
- YATES FIELD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YATES FIELD UNIT is August 2026.
- How much has YATES FIELD UNIT produced?
- YATES FIELD UNIT has reported 322,102,211 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1,729 wellbores.
- How much is YATES FIELD UNIT worth?
- The remaining production from YATES FIELD UNIT is estimated to be worth about $1.5B in total as of 26 August 2026, within a range of $1.3B to $1.8B. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YATES FIELD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production YATES FIELD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YATES FIELD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does YATES FIELD UNIT generate in a year?
- YATES FIELD UNIT is forecast to net about $323.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in YATES FIELD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Yates |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 24061 |
| Wellbores | 1,729 |
| Reported production | 322,102,211 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5B |
Where YATES FIELD UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.